``We see BIMA Sugam as an efficient consumer-facing platform, which...
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India Retirement Index Study: Balancing finance, health, and emotion
Sumit Madan, MD and CEO, Axis Max Life said, “IRIS 5.0 signals a...
Star Health Q2 net profit falls 54 pc despite rise in revenue
Anand Roy ,MD and CEO, Star Health Insurance The fall in...
Bots sharing Star Health data removed; actively monitoring any recreation: Telegram
Last month, Star Health had sent a legal notice to Telegram, accusing it of hosting chatbots that shared the leaked data, the statement said, adding that Telegram has consistently maintained its stance on data privacy and cooperation with the investigation New Delhi:...
Star Health confirms data breach, Hacker ‘selling 57.5 lakh insurance premium records for $150K
“We acknowledge that we were the victim of a targeted malicious cyberattack, resulting in unauthorized and illegal access to certain data. We make it absolutely clear that our operations remain unaffected, and all services continue without disruption,'' Star Health...
24-hour hospitalisation clause for mediclaim to be interpreted harmoniously Delhi consumer forum
The commission, comprising its president Inder Jeet Singh and member Rashmi Bansal, was hearing the complaint of Raja Harpal Singh, who said that his wife's mediclaim was repudiated by United India Insurance on the grounds that hospitalisation in the case lasted less...
mpox spreads rapidly in Congo’s capital Kinshasa
So far this year, more than 34,000 suspected cases of the disease, caused by both clades have been reported across Africa, more than triple the number recorded at the same time in 2023. As many as 95% of the cases are in Congo and Burundi and 866 people have died The...
ManipalCigna launches plan with special focus on Bharat’s missing middle
ManipalCigna Health Insurance, one of the fastest-growing standalone health insurance company, announces the launch of its new health insurance offering, ‘ManipalCigna Sarvah’. ``We are introducing a complete health insurance solution that not only caters to diverse...
Star Health’s rating upgrade
Star Health and Allied Insurance Company has achieved a credit rating upgrade from India Ratings and Research (Ind-Ra). The company's Long-Term Issuer Rating has been elevated to 'IND AA+' from 'IND AA', with a Stable outlook. Additionally, Star Health's subordinated...
The dark side of technology: AI-driven cyberattacks call for upgraded security measures
In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. "Cyber criminals today are not operating manually; they are using AI to automate attacks. They are using...
Life expectancy in men could rise by a yr on cutting down smoking: Lancet
They also found that banning sales of cigarettes and other tobacco products could prevent 1.2 million lung cancer deaths across 185 countries by 2095. Of these deaths, nearly two-thirds would be averted in low- and middle-income countries, because they tend to have...
GST panel deliberates on lowering rate on health insurance, tractors
As per experts, health insurance is likely to see a decrease from 18 per cent to 12 per cent, while term insurance may attract a GST of 5 per cent New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake
Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, ``Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but will...